Ulaslar Turizm Enerji Tarim Gida ve Insaat Yatirimlari A.S. (IST:ULAS)

IST:ULAS Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.04	0.11	0.02	33.25	4.02	17.81
Short-Term Investments	299.54	156.42	-	0	18.43	-
Cash & Short-Term Investments	315.58	156.53	0.02	33.25	22.44	17.81
Cash Growth	98.13%	655494.38%	-99.93%	48.15%	25.99%	90.72%
Accounts Receivable	51.14	56.13	88.44	-	-	-
Other Receivables	204.1	1	48.74	315.68	0	0
Receivables	255.24	57.13	137.18	321.88	3.4	2.42
Inventory	1.42	-	-	-	-	-
Prepaid Expenses	0.41	0.02	-	-	0.04	0.02
Other Current Assets	4.63	0.51	0	0.01	0	0.21
Total Current Assets	577.28	214.19	137.2	355.13	25.88	20.46
Property, Plant & Equipment	29.77	6.34	4.01	5.39	0.7	0.57
Other Intangible Assets	60.18	0.08	0.16	0.12	0.01	0.01
Long-Term Accounts Receivable	1.16	-	9.07	-	-	-
Other Long-Term Assets	521.89	442.25	442.25	317.63	115.98	56.61
Total Assets	1,210	662.86	592.69	695.29	142.57	77.65

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	8.65	0.71	78.66	0.05	0.05	0.01
Accrued Expenses	6.05	5.25	4.46	1.15	0.33	0.15
Short-Term Debt	66.33	0.25	0.02	-	0.01	0.02
Current Portion of Long-Term Debt	24.87	-	-	-	-	0.07
Current Income Taxes Payable	0.97	0.21	0.45	0.25	0.13	0.2
Current Unearned Revenue	5.88	9.1	9.81	9.03	3.98	2.88
Other Current Liabilities	473.06	173.17	4.5	313.94	0.01	0.01
Total Current Liabilities	585.81	188.69	97.9	324.42	4.51	3.34
Long-Term Debt	17	-	-	-	-	-
Long-Term Unearned Revenue	-	-	9.81	18.06	12.03	11.34
Pension & Post-Retirement Benefits	-	-	0.1	0.04	0.43	0.24
Long-Term Deferred Tax Liabilities	25.66	31.89	64.37	43.24	10.06	4.44
Other Long-Term Liabilities	10.26	0.1	0.13	0.04	0.03	0.03
Total Liabilities	638.73	220.68	172.31	385.8	27.07	19.39

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	25.38	25.38	25.38	25.38	25.38	25.38
Additional Paid-In Capital	37.29	31.66	31.66	24.19	1.93	1.93
Retained Earnings	160.41	105.17	83.39	52.01	85.3	28.17
Comprehensive Income & Other	333	279.97	279.94	207.91	2.88	2.77
Shareholders' Equity	571.76	442.19	420.38	309.49	115.5	58.25
Total Liabilities & Equity	1,210	662.86	592.69	695.29	142.57	77.65

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	108.21	0.25	0.02	-	0.01	0.09
Net Cash (Debt)	207.37	156.28	0	33.25	22.43	17.72
Net Cash Growth	30.52%	3585192.75%	-99.99%	48.25%	26.54%	99.78%
Net Cash Per Share	8.17	6.16	0.00	1.31	0.88	0.70
Filing Date Shares Outstanding	25.38	25.38	25.38	25.38	25.38	25.38
Total Common Shares Outstanding	25.38	25.38	25.38	25.38	25.38	25.38
Working Capital	-8.53	25.5	39.3	30.72	21.37	17.12
Book Value Per Share	21.91	17.42	16.56	12.19	4.55	2.30
Tangible Book Value	495.9	442.11	420.21	309.36	115.49	58.24
Tangible Book Value Per Share	19.54	17.42	16.56	12.19	4.55	2.29
Land	-	0.43	0.43	0.35	0.08	0.02
Buildings	-	1.44	1.44	1.13	0.24	0.07
Machinery	52.18	15.49	11.31	13.8	1.39	1.39

Data Source: S&P Global Market Intelligence Last updated: Aug 19, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 6, 2026

Data Sources Report a data error